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FCT

First Trust Senior Floating Rate Income Fund II
FCT

80 hedge funds and large institutions have $97.8M invested in First Trust Senior Floating Rate Income Fund II in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 7

23% more funds holding

Funds holding: 65 → 80 (+15)

20% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 20

9% more capital invested

Capital invested by funds: $89.4M → $97.8M (+$8.39M)

5.05% more ownership

Funds ownership: 34.43% → 39.48% (+5%)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
80
Holders Change
+15
Holders Change %
+23.08%
% of All Funds
1.29%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
23
Increased
24
Reduced
20
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
1CP
1607 Capital Partners
Virginia
+$4.57M
2
RVPG
Relative Value Partners Group
+$2.48M
3
LSC
Logan Stone Capital
Illinois
+$1.94M
4
Morgan Stanley
Morgan Stanley
New York
+$1.72M
5
WWMSC
Wagner Wealth Management (South Carolina)
South Carolina
+$1.21M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$738K
2
RJFSA
Raymond James Financial Services Advisors
Florida
-$724K
3
GC
Guggenheim Capital
Illinois
-$558K
4
EIA
Edgemoor Investment Advisors
Maryland
-$387K
5
UBS Group
UBS Group
Switzerland
-$311K
Name Holding Trade Value Shares
Change 		Change in
Stake
TA
51
TFB Advisors
Kansas
$172K +$177K +18,055 New
Commonwealth Equity Services
52
Commonwealth Equity Services
Massachusetts
$149K -$160K -16,329 -51%
JP Morgan Chase
53
JP Morgan Chase
New York
$140K +$144K +14,689 New
RJFSA
54
Raymond James Financial Services Advisors
Florida
$138K -$724K -73,682 -84%
WCM
55
Whitener Capital Management
North Carolina
$127K +$131K +13,330 New
SPA
56
Sentinel Pension Advisors
Massachusetts
$124K +$2.65K +270 +2%
Walleye Capital
57
Walleye Capital
New York
$122K +$126K +12,808 New
RIA
58
Realta Investment Advisors
Delaware
$121K +$2.62K +267 +2%
KAS
59
Kestra Advisory Services
Texas
$121K – – –
GWM
60
Geneos Wealth Management
Colorado
$119K -$3.83K -390 -3%
IWC
61
Integrated Wealth Concepts
Massachusetts
$114K -$1.46K -149 -1%
Cetera Investment Advisers
62
Cetera Investment Advisers
Illinois
$110K +$113K +11,541 New
Koshinski Asset Management
63
Koshinski Asset Management
Illinois
$103K +$2.22K +226 +2%
WE
64
Wealth Effects
Massachusetts
$102K +$105K +10,723 New
LWP
65
Lumature Wealth Partners
Georgia
$95.3K – – –
ASN
66
Advisory Services Network
Georgia
$43.7K +$45K +4,586 New
HCP
67
Hexagon Capital Partners
Arkansas
$32.1K +$79 +8 +0.2%
GRP
68
Global Retirement Partners
California
$12.1K +$10 +1 +0.1%
CT
69
Colonial Trust
South Carolina
$10.5K +$10.8K +1,100 New
MCC
70
Money Concepts Capital
Florida
$5.24K +$5.4K +550 New
RBC
71
Romano Brothers & Co
Illinois
$4.85K +$5K +509 New
BCMLT
72
Beacon Capital Management LLC (Tennessee)
Tennessee
$3.65K – – –
CBT
73
CoreFirst Bank & Trust
Kansas
$2.97K – – –
CSPIA
74
Cary Street Partners Investment Advisory
Virginia
$2.86K +$2.95K +300 New
CHA
75
Carmichael Hill & Associates
Maryland
$2.75K – – –
1 2
3
4

FCT Hedge Fund Activity: Q4 2022 in Review

80 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate Income Fund II (FCT) for Q4 2022, worth a combined $97.8M — up 9.4% from $89.4M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FCT positions and 7 closed out — a net gain of 16 holders — while 24 added to existing stakes and 20 trimmed.

The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $4.57M. The largest seller was Bank of America, cutting an estimated $738K.

  • 80 institutional investors held First Trust Senior Floating Rate Income Fund II (FCT) as of Q4 2022, up from 65 in Q3 2022.
  • Funds reported $97.8M of First Trust Senior Floating Rate Income Fund II stock for Q4 2022, up 9.4% quarter-over-quarter.
  • 23 funds opened new First Trust Senior Floating Rate Income Fund II positions in Q4 2022 and 7 closed out, a net change of +16 holders.
  • The largest First Trust Senior Floating Rate Income Fund II buyer in Q4 2022 was 1607 Capital Partners, an estimated $4.57M added.
  • The largest First Trust Senior Floating Rate Income Fund II seller in Q4 2022 was Bank of America, an estimated $738K sold.

Based on aggregated 13F filings for Q4 2022.